ICE3X also known as the iceCUBED, is a South African cryptocurrency exchange that was founded in 2013. It was the first centralized exchange of its kind in the world. For more than a dozen years, Gareth Gobler has worked with IT infrastructure and architecture. He is the founder of the company. Because ICE3X wants to be the best cryptocurrency trading platform in South Africa, it doesn’t have a lot of global reach. The exchange is legit and safe because it is registered under the Internet Currency Evolution Cubed (PTY) Ltd company.
The ICE3X exchange only uses the South African Rand (ZAR) and the Nigerian Naira (NGN) as fiat tethers. It focuses more on well-known currencies like Bitcoin, Litecoin, and Ethereum. It only trades about $57,000 or 4.8 BTC a day, which isn’t a lot. It also has 13 trading pairs, 8 different cryptocurrencies to choose from, and 19 active markets for the crypto world to choose from! There is no surprise that the most popular trading pair on the exchange is BTC/ZAR, because the exchange has a lot of attention paid to South Africa.
How To Buy Bitcoin through Ice3X
1. Go to ice3x.co.za
2. Enter your email address and choose a strong Password
3. Check your Inbox and Click on the activation link in the verification email the we sent you. (check your spam folder and also Whitelist [email protected])
4. Once your email has been verified and you have logged in please turn on 2 Factor Authentication
5. Your account is now active and you can make Deposits and place BUY and SELL orders.
6. In order to make any (crypto and FIAT) withdrawals, your account needs to be verified, please complete your details in the ID verification section.
The next step is to deposit money into your account:
Click on My Account
Click on DEPOSIT next to ZAR
Select which one of our Bank Accounts you would like to make your deposit to.
Enter the amount you wish to deposit, and hit confirm
You must now Transfer the funds to us. You will be presented with our Bank information and a Transaction Reference number (TXR). YOU MUST USE THE TXR NUMBER AS THE BENEFICIARY REFERENCE, OTHERWISE WE WILL NOT BE ABLE TO PROCESS YOUR DEPOSIT.
Once your funds have cleared you will receive an email notification. This can take 2 – 72 business hours, depending on your bank, the day and the time of your request..
If you change your mind your can simply go to TRANSACTION REQUESTS under MY FUNDS, Select PENDING and click to CANCEL the request
THIS EXCHANGE HAS CLOSED ITS DOORS!